Axel Johnson International creates Power Transmission Solutions business group
Axel Johnson International has formed a new, SEK 2.1 billion business group named Power Transmission Solutions, effective January 1. The new business group will focus exclusively on the power transmission market and be composed of companies active in bearings and industrial transmissions.“Power Transmissions will operate with a focused investment theme and continue to explore the growth opportunities within its market segment,” says Martin Malmvik, CEO, Axel Johnson International. “This is in line with our strategy of building and creating the best platforms for our companies to develop